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    Exam 21: Cost-Volume-Profit Analysis
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    If Fixed Costs Are $500,000 and Variable Costs Are 60
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If Fixed Costs Are $500,000 and Variable Costs Are 60

Question 215

Question 215

True/False

If fixed costs are $500,000 and variable costs are 60% of break-even sales, profit is $0 when sales revenue is $930,000.

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